Lowe's Companies, Inc. (LOW) FCF Payout Ratio: 35.22%
Is Lowe's Companies, Inc.’s FCF payout ratio high or low?
Lowe's Companies, Inc.'s FCF payout ratio of 35.22% is 13% above its 5-year average of 31.04%, near the high end of its 5-year range (18.41%–40.98%).
The FCF payout ratio for Lowe's Companies, Inc. (LOW) is 35.22%. It is above its 12-month average by 3.91% (33.89%).
LOW FCF Payout Ratio Chart
LOW Average FCF Payout Ratio Chart
LOW Current vs Average FCF Payout Ratio Chart
LOW FCF Payout Ratio Metrics
FCF PAYOUT RATIO
35.22%
FCF PAYOUT RATIO AVG TTM
33.89%
FCF PAYOUT RATIO AVG 3Y
35.96%
FCF PAYOUT RATIO AVG 5Y
31.04%
FCF PAYOUT RATIO AVG 10Y
32.48%
FCF PAYOUT RATIO AVG 15Y
29.79%
FCF PAYOUT RATIO AVG 20Y
36.30%
CURRENT VS TTM AVG
+3.91%
CURRENT VS 3Y AVG
-2.05%
CURRENT VS 5Y AVG
+13.46%
CURRENT VS 10Y AVG
+8.42%
CURRENT VS 15Y AVG
+18.23%
CURRENT VS 20Y AVG
-2.99%
Payout Ratio Comparison
FCF Payout Ratio
35.2%
Earnings Payout Ratio
40.4%
Dividend Yield
2.23%
FCF Yield
6.32%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $7.65B | $2.64B | 34.5% |
| 2025 | $7.70B | $2.57B | 33.3% |
| 2024 | $6.18B | $2.53B | 41.0% |
| 2023 | $6.76B | $2.37B | 35.1% |
| 2022 | $8.26B | $1.98B | 24.0% |
| 2021 | $9.26B | $1.70B | 18.4% |
| 2020 | $2.81B | $1.62B | 57.5% |
| 2019 | $5.02B | $1.46B | 29.0% |
| 2018 | $3.94B | $1.29B | 32.7% |
| 2017 | $4.45B | $1.12B | 25.2% |
| 2016 | $3.59B | $957.00M | 26.7% |
| 2015 | $4.05B | $822.00M | 20.3% |
| 2014 | $3.17B | $733.00M | 23.1% |
| 2013 | $2.55B | $704.00M | 27.6% |
| 2012 | $2.52B | $647.00M | 25.7% |
| 2011 | $2.52B | $571.00M | 22.6% |
| 2010 | $2.25B | $391.00M | 17.3% |
| 2009 | $856.00M | $491.00M | 57.4% |
| 2008 | $337.00M | $428.00M | 127.0% |
| 2007 | $586.00M | $276.00M | 47.1% |
| 2006 | $463.00M | $171.00M | 36.9% |
| 2005 | $134.00M | $116.00M | 86.6% |
| 2004 | $709.00M | $86.00M | 12.1% |
| 2003 | $334.00M | $66.00M | 19.8% |
| 2002 | ($586.06M) | $60.00M | N/A (Loss) |
| 2001 | ($1.20B) | $53.48M | N/A (Loss) |
| 2000 | ($301.46M) | $47.56M | N/A (Loss) |
| 1999 | ($336.46M) | $50.76M | N/A (Loss) |
| 1998 | ($135.27M) | $28.65M | N/A (Loss) |
| 1997 | ($134.20M) | $34.70M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Lowe's Companies, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Lowe's Companies, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The FCF payout ratio for LOW stock is 35.22%.
- Is Lowe's Companies, Inc.'s FCF payout ratio high or low?
- Lowe's Companies, Inc.'s FCF payout ratio of 35.22% is 13% above its 5-year average of 31.04%, near the high end of its 5-year range (18.41%–40.98%).
- What is the TTM average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The TTM average FCF payout ratio for LOW stock is 33.89%.
- What is the 3Y average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The 3Y average FCF payout ratio for LOW stock is 35.96%.
- What is the 5Y average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The 5Y average FCF payout ratio for LOW stock is 31.04%.
- What is the 10Y average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The 10Y average FCF payout ratio for LOW stock is 32.48%.
- What is the 15Y average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The 15Y average FCF payout ratio for LOW stock is 29.79%.
- What is the 20Y average FCF payout ratio for Lowe's Companies, Inc. (LOW)?
- The 20Y average FCF payout ratio for LOW stock is 36.30%.
Lowe's Companies, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-01-30 | 34.45% |
| 2025-01-31 | 33.33% |
| 2024-01-31 | 40.98% |
| 2023-01-31 | 35.06% |
| 2022-01-31 | 24.02% |
| 2021-01-31 | 18.41% |
| 2020-01-31 | 57.54% |
| 2019-01-31 | 28.99% |
| 2018-01-31 | 32.67% |
| 2017-01-31 | 25.19% |
| 2016-01-31 | 26.68% |
| 2015-01-31 | 20.30% |
| 2014-01-31 | 23.12% |
| 2013-01-31 | 27.60% |
| 2012-01-31 | 25.67% |
| 2011-01-31 | 22.63% |
| 2010-01-31 | 17.34% |
| 2009-01-31 | 57.36% |
| 2008-01-31 | 127.00% |
| 2007-01-31 | 47.10% |
| 2006-01-31 | 36.93% |
| 2005-01-31 | 86.57% |
| 2004-01-31 | 12.13% |
| 2003-01-31 | 19.76% |
About Lowe's Companies, Inc.
Lowe's Companies, Inc., together with its various subsidiary entities, operates as a prominent home improvement retailer serving both the United States and international markets. The company supplies a broad spectrum of items essential for construction, upkeep, renovations, and interior design projects. Its comprehensive product line encompasses major appliances, seasonal and outdoor living essentials, lawn and garden tools, timber, kitchen and bathroom fixtures, power tools, paints, custom millwork, general hardware, flooring options, plumbing components, building materials, decorative accents, lighting solutions, and electrical supplies. In addition to merchandise, Lowe's facilitates installation services through independent contractors across numerous product categories, offers extended protection plans, and provides repair services covering both warranty and post-warranty issues. The company markets its inventory, comprising both well-known national brands and proprietary private-label items, to a diverse clientele including individual homeowners, tenants, and trade professionals. As of January 28, 2022, Lowe's operated 1,971 retail locations dedicated to home improvement and hardware. Products are also accessible via its e-commerce platforms, Lowes.com and Lowesforpros.com, and through its mobile applications. Established in 1921, Lowe's Companies, Inc. maintains its headquarters in Mooresville, North Carolina.
- Sector
- Consumer Cyclical
- Industry
- Home Improvement
- CEO
- Marvin R. Ellison